Sellersmwere most likely were these people taking their profits. What do you think?
"Goldnev confirms the closing of the previously announced non-brokered private placement of secured convertible debentures. The non-brokered private placement of secured convertible debentures was originally announced on November 28, 2007 and was completed and closed in January of 2008. The total gross proceeds raised by the secured convertible debenture financing was $286,300. The convertible debentures mature four months from the date of issue and are convertible, at the option of the holder, into units of the Corporation at a price of $0.15 per unit. Each unit will consist of one common share and one common share purchase warrant. Each warrant will entitle the holder to purchase one additional common share of the Corporation for $0.25 per common share within 12 months from the date of grant. "
"